OTCPK:KATFF - Post by User
Post by
mingzhuon Aug 01, 2017 9:37pm
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Post# 26536270
KAT will trade at $5 in 2 years. Here is why:
KAT will trade at $5 in 2 years. Here is why:"Katanga Mining updated that the mine will now ramp to 30,000tpa cobalt (previously 22,000tpa). Copper production to ramp to 300,000tpa." calculate how much it will make.
here is the article.
https://seekingalpha.com/article/4063861-update-katanga-mining
KAT produce 2 most important metal for EV
https://www.miningweekly.com/article/electric-vehicles-to-drive-copper-demand-over-next-decade-study-2017-06-13/rep_id:3650
Copper demand for electric cars to rise nine-fold by 2027:
https://www.reuters.com/article/us-copper-demand-electric-vehicles-idUSKBN1940PC
i would not be surprised if KAT trades at $5 in couple of yesrs.